Ulf Kerstin, previously Head of Portfolio Management & M&A at RWE AG, will become Chief Commercial Officer of RWE Generation and RWE Supply & Trading on 1 October. His predecessor Tom Glover will move to the management of the new RWE Renewables, where as Chief Commercial Officer he will be responsible for marketing electricity production from renewable energies. Ulf Kerstin will also take over his duties at both RWE Generation and RWE Supply & Trading in order to ensure the best possible commercial optimisation of power plant deployment planning.
After training and studying business administration, Ulf Kerstin initially worked for Verbundnetz Gas AG and Westfälische Ferngas AG before moving to RWE Gas AG in 2002. From 2007 he worked in various commercial functions for RWE Supply & Trading, RWE's energy trading company. In 2016 he moved to RWE AG.
"We are delighted to have found such an experienced colleague for this task," says Rolf Martin Schmitz, CEO of RWE AG. "Ulf Kerstin knows our Group from many different positions and has excellent commercial expertise. We look forward to continuing to work with him in a spirit of mutual trust and cooperation".